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Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  T.LFE.P.B | CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

Bullboard (TSX:LFE)

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Post by mousermanon Feb 16, 2024 4:06pm

LFE unit nav to FEB 16 =approx; $15.42

Spreadsheet showing a 2 cent gain for what its worth. Probably wont kniow the real story on the holdings unilt end of FEB with the sedar docs released. And even those  numbers  to NOV 30 ...more  
Post by mousermanon Feb 16, 2024 2:27pm

LFE unit nav in realtime... estimate @ $15.47

Will see how close the numbers are when Quadravest update appears. It could definitely change a lot since the AUGUST % weightings  we saw.
Comment by mousermanon Feb 16, 2024 2:12pm

RE:How much will LFE jump if UNIT NAV is above 15$ in 3 days?

Well on the 15th of FEB,  LFE jumped 49 cents.... lol
Post by mousermanon Feb 16, 2024 10:16am

Bought more this am

NAV keeps on rising... all 4 CAD lifecos up and most of the other minor hodings as well.  Just the amount of dividends being collected in the next 2 weeks, should keep the gains rolling in. My ...more  
Post by mousermanon Feb 16, 2024 9:31am

GOing to be a good month.

All 4 CAD lifecos ex divvy date is in FEB, and also 2 big ones in FEB.  from the US insurers. PRU has a div of $1.30 USD, and Aflac is 50 cents USD.
Comment by lilswedeon Feb 16, 2024 9:22am

RE:RE:New Press Release - Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

Let's hope this is the beginning of regular monthly common divys. I have read some analysts have a target of 35.00 on Mfc, and that was before mfc increased their divy to .40. 
Comment by mousermanon Feb 16, 2024 9:16am

RE:New Press Release - Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

Been a very long time since LFE paid to commons, which was understandable, with the very low interest rates hanging on for such a longtime. Last payment o commons was MArch 10 , 2022.
Post by mousermanon Feb 15, 2024 4:52pm

LFE unit nav estimate to FEB 15 = $15.39

Taking into account the exchange on the US holdings, PRU, LNC, MET, and Aflac. My spreadsheet says LFE has gained about 54 cents since JAN 31. Last trade @$4.99 means the discount now down to 40 cents ...more  
Post by NoShoesNoShirton Feb 15, 2024 1:57pm

Big gains

Think I might get a new shirt.
Comment by mousermanon Feb 15, 2024 12:24pm

RE:RE:LFE unit nav in realtime @ approx; $15.38

Dont see LFE dropping below 15$ today, with the big move up in MFC, and good upward momentum in SLF and IAG. Not sure why some are negative on GWO today and selling. Obvious to me that things are ok ...more  
Comment by lilswedeon Feb 15, 2024 10:08am

RE:LFE unit nav in realtime @ approx; $15.38

So at last trade at 4.90 still under nav by .40 cts. Iag reports on the 20th...let's hope it's good as well. Maybe lfe can become a consistent payer on its common shares...
Post by mousermanon Feb 15, 2024 9:50am

LFE unit nav in realtime @ approx; $15.38

LFE at this point has gained 53 cents since the update on JAN 31.. AND some awesome big dividends coming in this month from the holdings. especially MFC which hiked theirs 9.6%. This one going to fly. ...more